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Explain What still matters in strategic management lies in the value of planning?
Ans) There is an old saying that if you fail to plan, you are planning to fail. By acting on this, strategic management really gives the organization direction, a sense of uniqueness and unity towards what the business goal. Therein lays the continued significance of strategic management towards business success.
Each business has a vision and a mission. Strategic management takes into consideration both of these. Strategic management helps in achieving the organizational goals in an efficient and effective manner. For more details on significance of management, you can see the "significance of Management" section on
Discuss the key activities of the strategic management process. Explain why it is important for managers to recognise the interdependent nature of these activities.
The equivalent to competitive benefit in public services is Ans) Best value
Q. Benefits of shared service centres ? ¸ Economies of scale e.g. sharing overhead of a centralised function or process across divisions in the same group, it avoids divisions
Consider the Chester River Health System (CRHS) Strategic Planning example. Taking information only from these two sources into account, formulate an Environmental Assessment of CR
QUESTION (a) Organisations are systems that exist in the context of an external environment, an interdependent relationship, interact with it in order to survive and grow. Any
Q. Common aims of transfer pricing systems? The common aims of transfer pricing systems Motivate mangers: A transfer price ensures an internal cost is recognised by
a) Make measures for evaluating a strategic plan. b) Make a schedule for executing a strategy plan in an organization. c) Make appropriate dissemination process to gain comm
Q. Explain about Opportunity cost pricing? Opportunity cost pricing is considered most mathematically correct way of viewing transfer pricing. Reason is that it looks at transf
Here is the "Delta Products" case for Graduate Operations. You need to determine the number of hours for Mike's and Nikki's plan. To do this you need to compute the number of hours
groups and or teams will solve all the effectiveness and efficiency challenges facing the 21st century organisation
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